TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, following the press releases issued on 16 May 2019 and on 6 June 2019, to which reference is made, announces that it has agreed with the counterparty, represented by Mareccio Energia, an asset aggregation platform in Italy of a primary investment fund, in partnership with the sponsor LCF Alliance, through the vehicle company Italia T1 Roncolo, to schedule for next 13 December 2019 the deadline for the closing-date of the third tranche of PV plants of the total perimeter covered by preliminary contracts, represented by 22 PV plants with an installed capacity of 19.3 MW.

The postponement was agreed to allow for the completion of a series of bureaucratic formalities relating to the ongoing due diligence on the plants subject to the transaction.